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18. Ann wants to buy a building. The annual NOI for the building will be $100,000. She wants to get a 10 interest only fixed
18. Ann wants to buy a building. The annual NOI for the building will be $100,000. She wants to get a 10 interest only fixed rate mortgage at an annual rate of 5% with annual compounding and annual payments to buy the building. The lender has a minimum Debt Service Coverage Ratio (DSCR) of 1.20. 11 An Borsa loan for $400,000, what is her DSCR
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